Media releases

2009

National Finance

23 October 2009
The Serious Fraud Office announced today that charges had been laid in the Auckland District Court against two men for their roles in their operation of a failed finance company, National Finance 2000 Ltd. National Finance collapsed in 2006 owing investors over $21 million.
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Serious Fraud Office investigation into Lane Walker Rudkin complaint

09 October 2009
The Serious Fraud Office has commenced an investigation into the affairs of the failed Lane Walker Rudkin Group. The Director and Chief Executive of the Serious Fraud Office, Grant Liddell, announced today that following consideration of the complaint received recently from the group’s receivers, Stephen Tubbs and Brian Mayo Smith of BDO (formerly BDO Spicers), he had decided that the threshold for an investigation under Part 2 of the Serious Fraud Office Act 1990 had been met.
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Warren Pickett

26 March 2009
Warren Pickett, 63, a former accountant from Waipawa, appeared in the Napier District Court today facing eight charges brought by the Serious Fraud Office alleging fraud, false statements by promoter, and breaches of the Securities Act. The charges follow the collapse of his finance companies, Waipawa Finance Company Limited and Waipawa Holdings Limited, of which he was sole director and a principal shareholder. The companies went into liquidation in August 2008 owing about 220 investors about $20 million, including accumulated interest of approximately $12m.
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